All the previous highs on the SOX were backed up by similar highs on the RSI but not this time.
Im assuming thats the RSI and there is an obvious negative divergence on the SOX.
Look at all these former tech market leaders: LRCX, KLAC, AMAT.. All breaking down hard and straight below their 50 day moving averages. Also, the...
Intuition is paramount and indeed the X factor that only a few have. Also know which stocks are in which sectors. You would be shocked at how many...
That was a good one…lol
These are some common traits of a good trader. He maintains a disciplined trading style that he has learned over the years. He will not chase a...
Thanks buddy. very interesting. I agree.
A few weeks ago the market would of cheered lower yields, now the street see’s the risk off trade and lower yilelds as a slowing recovery coupled...
Never buy after hours or pre market. Every once in a while you can get a better fill if you do that but 95% of the time you will get burned....
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